Indian stock markets record gains amid positive cues in Asian markets

New Delhi, News Nation Bureau | Updated : 06 October 2016, 12:06 PM
Bombay Stock Exchange - File Photo (Getty)
Bombay Stock Exchange - File Photo (Getty)

Active buying by investors in select blue-chips stocks led by positive markets trend in Asian markets helped the benchmark Sensex rebound by almost 104 points in the morning session on Thursday.

As per reports coming in from the stock markets, The 30-share index was trading higher by 103.56 points, or 0.36 per cent, at 28,324.54, with sectoral indices led by oil and gas, capital goods, consumer durables and healthcare leading the charge. 

The index fell by 113.57 points on Wednesday after European markets were in a speculative mood over withdrawal of ECB stimulus and on profit-booking in recent out-performers. The NSE Nifty was up 24.75 points, or 0.28 per cent, at 8,768.70 in early trade. 

Brokers said emergence of buying, coupled with a better trend at other regional markets following an overnight rally in the US on unexpected pick-up in the services sector, had a positive bearing on sentiment here. 

Hong Kong's Hang Seng was up 0.46 per cent while Japan's Nikkei gained 0.57 per cent in early trade on Thursday. Financial markets in China remained shut today for a public holiday. The US Dow Jones Industrial Average ended 0.62 per cent higher in yesterday's trade.